Welcome to our dedicated page for T-Mobile US news (Ticker: TMUS), a resource for investors and traders seeking the latest updates and insights on T-Mobile US stock.
T-Mobile US, Inc. (symbol: TMUS) is a leading American wireless network operator headquartered in Overland Park, Kansas, and Bellevue, Washington. The company is majority-owned by Deutsche Telekom AG, holding a 53.3% stake as of April 2023. T-Mobile has grown significantly through strategic mergers, including with MetroPCS in 2013 and Sprint in 2020, establishing itself as the second-largest wireless carrier in the U.S.
With a customer base of 77 million postpaid and 21 million prepaid phone users, T-Mobile commands around 30% of the U.S. retail wireless market. The company has also made significant inroads into the fixed-wireless broadband market, aggressively expanding since 2021 and now serving over 5 million residential and business customers.
In addition to its core wireless services, T-Mobile provides wholesale services to resellers, further diversifying its revenue streams. The company is known for its customer-centric approach, constantly innovating to deliver enhanced services and coverage. This focus on customer satisfaction has earned T-Mobile a robust market position and loyal customer base.
Recent achievements include the nationwide rollout of 5G services, partnerships to expand network capabilities, and initiatives to improve customer service and experience. Financially, T-Mobile continues to perform well, showing resilience and growth even in competitive and challenging market conditions. Through its strategic mergers and innovative services, T-Mobile remains a significant player in the telecommunications industry.
T-Mobile (NASDAQ: TMUS) is launching its Black Friday deals a week early, starting November 19. Customers can access offers like FREE Samsung Galaxy S21 series or Z Flip3 5G smartphones with eligible trade-in, plus FREE Galaxy Buds2 for customers on specific plans. Metro by T-Mobile will have similar promotions starting November 18. These deals aim to attract new and existing customers amid rising costs of living, offering significant discounts on popular tech gifts. T-Mobile emphasizes its commitment to providing value through these holiday promotions.
T-Mobile has outperformed its 2021 target by providing Ultra Capacity 5G access to 200 million people across the U.S., achieving this milestone weeks ahead of schedule. The deployment, which covers 80% of its customers, is based on a unique multi-band strategy that combines mid-band 2.5 GHz spectrum with Extended Range 5G. T-Mobile's commitment to 5G FOR ALL aims to enhance connectivity for all users, as evidenced by independent reports confirming its superiority in speed and reliability compared to competitors like AT&T and Verizon.
T-Mobile US (TMUS) executives Peter Osvaldik and Mike Katz will present a business update on November 17, 2021, at 11:25 a.m. ET during the Morgan Stanley European Technology, Media & Telecom Conference. A live webcast will be accessible on the Company’s Investor Relations website, with an on-demand replay available post-event. To receive T-Mobile financial news via email, interested parties can subscribe on the Investor Relations site. T-Mobile, headquartered in Bellevue, Wash., is recognized for its advanced 4G LTE and nationwide 5G network.
T-Mobile US (NASDAQ: TMUS) will present a business update on November 15, 2021, at 1:00 p.m. Eastern Time during the BCG and New Street Research 5G Conference. The presentation will be led by Neville Ray, president of technology. A live webcast will be accessible on the Company’s Investor Relations website, with an on-demand replay available afterward. T-Mobile aims to enhance connectivity with its advanced 4G LTE and 5G networks, offering a competitive wireless experience.
T-Mobile (NASDAQ: TMUS) is partnering with Qualcomm to launch the Snapdragon Spaces™ XR Developer Platform, exclusively in North America. This initiative aims to spur innovation in 5G immersive experiences for AR glasses. The T-Mobile Accelerator will collaborate with developers to create applications across various sectors, including gaming and entertainment. T-Mobile's 5G network, covering 1.7 million square miles and 308 million people, will support these developments. The Accelerator has previously aided 75 startups, raising over $96 million.
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T-Mobile US reported robust Q3 results, achieving postpaid net additions of 1.3 million and raising 2021 guidance for the third consecutive quarter. Key highlights include record service revenues of $14.7 billion, a growth of over 4% year-over-year, and a net income of $691 million, translating to diluted EPS of $0.55. The company also boasts a record-high free cash flow of $1.6 billion, increasing more than fourfold year-over-year. T-Mobile's extensive 5G network covers 308 million people, further solidifying its market leadership.
T-Mobile (NASDAQ: TMUS) announced exclusive smartphone offers at 2,300 Walmart locations. Starting Wednesday, customers can get a Motorola moto g play for $50 with a new line on any postpaid unlimited plan. Other deals include the T-Mobile REVVL V+ 5G for $100 and Samsung Galaxy A12 for $75. Customers can add a line or join T-Mobile with plans starting at $30 for unlimited talk, text, and data. No activation fees or device financing are required. T-Mobile touts America's largest and fastest 5G network, emphasizing its commitment to service quality and value.
T-Mobile (TMUS) is launching two new exclusive smartwatches: the SyncUP KIDS Watch and a senior-friendly model from TIMEX, available for free to new and existing customers who add a line starting November 5. The SyncUP KIDS Watch offers features like real-time location tracking and emergency contacts, targeting families. Meanwhile, the TIMEX watch provides fall detection and heart rate monitoring for older adults. The promotion includes 24 months of bill credits, enhancing T-Mobile's smartwatch lineup designed for everyday connectivity.
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